Add
MPB to Portfolio
Set Alert
Email to a
Friend
| |||
|
|
Quotes & Info
|
| MPB > SEC Filings for MPB > Form 8-K on 24-Jan-2013 | All Recent SEC Filings |
24-Jan-2013
Entry into a Material Definitive Agreement, Results of Operations and Financ
On December 19, 2008, Mid Penn Bancorp, Inc. ("Mid Penn") entered into and closed a Letter Agreement (including the Securities Purchase Agreement - Standard Terms) (the "Purchase Agreement") with the United States Department of the Treasury (the "Treasury") pursuant to which the Treasury invested $10,000,000 in Mid Penn under the Treasury's Capital Purchase Program (the "CPP"). Under the Purchase Agreement, the Treasury received (1) 10,000 shares of Series A Fixed Rate Cumulative Perpetual Preferred Stock, $1,000 liquidation preference ("Series A Preferred Stock"), and (2) a warrant to purchase up to 73,099 shares of the Mid Penn common stock at an exercise price of $20.52 per share (the "Warrant").
On December 28, 2012, Mid Penn repurchased from Treasury all 10,000 shares of the Series A Preferred Stock issued to Treasury.
On January 23, 2013, Mid Penn entered into a Letter Agreement (the "Letter Agreement") with Treasury pursuant to which Mid Penn repurchased from Treasury on that date the Warrant for $58,479.20.
The Letter Agreement is attached as Exhibit 10.1 hereto and is incorporated herein by reference.
On January 24, 2013, Mid Penn Bancorp, Inc. ("Corporation") issued a press release discussing its financial results for the fourth quarter and for the year 2012. Attached hereto as Exhibit 99.1 is a copy of the Corporation's press release dated January 24, 2013.
In accordance with General Instruction B.2 of Form 8-K, the information included in this Item 2.02 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.
(d) Exhibits
10.1 Letter Agreement dated January 23, 2013 between Mid
Penn Bancorp, Inc. and the United States Department
of the Treasury
99.1 Press release dated January 24, 2013
|
|
|